Birdwatch Note Rating
2024-08-16 16:50:07 UTC - NOT_HELPFUL
Rated by Participant: BC98DB07CA3D1773DA9A58FE0921F2D3195FE9CF178B0E17536594E5FEAF033D
Participant Details
Original Note:
The US federal government does not print money to finance deficit spending. Deficits in the US budget are filled by borrowing money by selling Treasuries, bonds, and other securities. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=To%20pay%20for%20a%20deficit,investors%20who%20purchased%20these%20securities.
All Note Details